Monday, March 09, 2009

Pop the Clutch

This a Blue Print for a final $1 trillion stimulus push to get the economy moving.

$400 Billion: $1000 for every man, woman and child (some restriction may apply :) plus an increase in personal income tax exemption to offset any Cap and Trade consumer price increases.
$300 Billion: To smaller local and regional banks to facilitate increased lending and to finance mortgage recapture and restructure at current home values and current fixed rates. Also the FDIC should move in and take over the larger financial mega-institutions, cancel any crazy derivative based contracts and sell of the rest in pieces. To big to fail? Never Again!
$300 Billion: Increase Infrastructure and Investment priorities in the first stimulus package.
And with that I think We should be done... one way or the other.